Scotiabank: Leading the Way in US Securitization Banking
Scotiabank has taken yet another step to reinforce its presence in the US by announcing a vacancy for the position of Director, US Securitization Banking in New York, NY. The bank, which has been a leading player in Canadian Capital Markets and Investment Banking for over 100 years, has been steadily expanding its platform in the US and Latin America.
Global Banking and Markets (GBM), a division of Scotiabank, provides a comprehensive range of investment banking, credit, and risk management products and services that cater to the financing and strategic development needs of their clients. The bank’s strong U.S. presence offers clients a crucial bridge to key global markets for trade and investment flows across the Americas and beyond.
Who Is the Ideal Candidate?
The individual who will fill this role will contribute to the overall success of the Global Securitization team in the United States, ensuring specific individual goals, plans, and initiatives are executed and delivered in line with the team’s business strategies and objectives. The successful candidate must have a sound knowledge of securitization fundamentals, preferably with experience in esoteric ABS.
The ideal candidate will hold a degree in Business or a related field. Having an MBA/CPA/CFA or other industry designation is also beneficial. Proficiency in computer skills (Word, Excel, PowerPoint) is a must, along with excellent written and oral communication skills. Furthermore, banking experience in a Structured Finance or related environment is required for this role. A candidate with experience in credit analysis and familiarity with legal document review will have an added advantage.
Key Responsibilities of the Role
The new Director will be expected to champion a customer-focused culture that expands and deepens client relationships, leveraging broader bank relationships, systems, and knowledge. They will spearhead term ABS lead role engagements by collaborating with issuers, deal counsels, rating agencies, third-party service providers, ABS syndicate and sales teams to execute transactions.
Other responsibilities include managing the lifecycle of securitization financing transactions, coordinating a variety of activities with the mid-office and back office, assisting in negotiating terms, and documentation with borrowers and other banks. The Director will also be expected to mentor junior team members and prepare pitch books and marketing presentations.
Scotiabank’s Commitment to Diversity and Inclusion
Scotiabank is committed to creating a work environment that empowers every employee to reach their fullest potential. The bank respects individuality and embraces differences, fostering a performance-oriented culture rooted in diversity, equity, and inclusion.
Scotiabank offers flexible benefit programs designed to support the unique needs of its employees. These programs focus on holistic well-being, covering family, financial, physical, mental, and social health needs.
If you are interested in joining a purpose-driven winning team committed to results, in an inclusive and high-performing culture, consider applying for the role of Director, US Securitization Banking at Scotiabank.
For more information and to apply, click Here.
Scotiabank is an equal opportunity employer. All applicants will be considered without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by federal, state, or local law.
